Community & General News


Prohibition of Benami Property Transactions Act, 1988

   29 October 2016 at 13:06

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Subject: Prohibition of Benami Property Transactions Act, 1988 –reg.Benami Property Transactions Act, 1988 has been amended by the Benami Transactions (Pro

Posted in Community & General  1 comments |   6381 Views


Govt issues Sovereign Gold Bonds Scheme 2016

   21 October 2016 at 12:43

Government decides to issue Sovereign Gold Bonds Scheme 2016 -17–Series III; Applications for the bond to be accepted from October 24, 2016 to November 02, 2016 and the Bonds will be issued on November 17, 2016. Government of India, in consult

Posted in Community & General |   3483 Views


Financial assistance to articled assistants

   15 October 2016 at 14:09

The Chartered Accountants’ Students Benevolent Fund (CASBF) The Board of Trustees has decided to provide financial assistance of Rs. 1500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2000/- P.M. f

Posted in Community & General  3 comments |   4548 Views


Group formed to realign provisions of CA Act,1949

   15 October 2016 at 14:09

Council Affairs/M-626/2016 14th October, 2016ALL MEMBERS OF THE COUNCILMadam/Dear Sir,The Executive Committee, at its 557th meeting held on 3rd September, 2016, has decided to constitute a Group to review and realign the provisions of Chartered Ac

Posted in Community & General |   3249 Views


RBI reduces repo rate by 25 basis points to 6.25 per cent

   05 October 2016 at 15:20

Standing Liquidity Facility for Primary DealersRBI/2016-17/75REF.No.MPD.BC.381/07.01.279/2016-17Ashwina 12,1938(Saka)October 4, 2016ToAll Primary DealersDear Sir/Madam,Standing Liquidity Facility forPrimary DealersPlease refer to the Fourth Bi-monthl

Posted in Community & General |   2709 Views


Simplified Proforma for incorporating a company electronically launched

   04 October 2016 at 12:59

Ministry of Corporate Affairs took another bold initiative in Government Process Re-engineering (GPR) and launched a Simplified Proforma for Incorporating a Company Electronically (SPICe) e-Form on the occasion of Gandhi Jayanthi 2016 

Posted in Community & General |   3342 Views


Issue date of Sovereign Gold bond postponed to Sep 30

   24 September 2016 at 12:56

Government decides to shift the issue date of the Sovereign Gold Bonds 2016-17 Series-II from September 23, 2016 to September 30, 2016 in view of large number of applications being received by banks and post offices The Government of India in consult

Posted in Community & General |   3513 Views


Cabinet approves merger of Rail budget with General Budget

   22 September 2016 at 10:47

The Union Cabinet has approved the proposals of Ministry of Finance on certain landmark budgetary reforms relating to (i) the merger of Railway budget with the General budget, (ii) the advancement of the date of Budget presentation from the last day

Posted in Community & General |   3321 Views


MEF online submission date extended to 20th September

   09 September 2016 at 11:09

Extension of Multipurpose Empanelment Form for the year 2016-17 Last date of online filing of MEF 2016-17 is extended from 10th September, 2016 to 20th September, 2016 at www.meficai.org and the last date of submission of duly signed declaration has

Posted in Community & General |   2883 Views


RBI directs banks to accept cash under IDS scheme

   09 September 2016 at 10:34

Income Declaration Scheme, 2016 – Acceptance of Cash Over the CounterRBI/2016-17/62DBR.No.Leg.BC. 13/09.07.005/2016-17September 8, 2016The Managing Directors/Chief Executive OfficersAll Scheduled Commercial Banks (including RRBs)Dear Sir,Income

Posted in Community & General |   4566 Views



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